InvestorQ : Hi Diksha, can you tell me if there are any positions to book profits for 05 February? Do you suggest fresh buying in any stock for Friday?
Dhwani Mehta made post

Hi Diksha, can you tell me if there are any positions to book profits for 05 February? Do you suggest fresh buying in any stock for Friday?

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diksha shah answered.
5 months ago
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On Thursday I had suggested to exit Cipla at profits. For Friday, there are string of five stocks you can book profits on including Manappuram Finance, LIC Housing, Tata Power, Bank of Baroda and JSW Steel. The list below contains the full list of stocks you can exit with prices. You can hold on to the rest of the positions.

Where to book profits:

· Manappuram Finance at Rs.173 (CMP-183) – Book Profits

· LIC Housing at Rs.433 (CMP-452) – Book Profits

· JSW Steel at Rs.382 (CMP-401) – Book Profit

· Tata Power at Rs.79 (CMP-90) – Book Profit

· Bank of Baroda at Rs.74 (CMP-82) – Book Profit

Here are the positions, you can hold on to for the time being:

· Shilpa Medicare given at 460 (CMP- 441) – Hold at Averaged Price

· Bectors Foods at Rs.549 (CMP-420) – Average at current price

· Burger King at Rs.171 (CMP-149) – Suggest to hold

· RVNL at Rs.34 (CMP-32) – Suggest to hold

· Trident at Rs.14.50 (CMP-14.60) – Suggest to hold

· GAIL at Rs.141 (CMP-131) – Suggest to hold

· Coal India at Rs.145 (CMP-144) – Suggest to hold

· Piramal Enterprises at Rs.1625 (CMP-1523) – Suggest to hold

· HCL Tech at Rs.985 (CMP-957) – Suggest to hold

· Indiabulls Real Estate at Rs.87 (CMP-85) – Suggest to hold

· SBI Life at Rs.877 (CMP-865) – Suggest to hold

Avoid buying stocks for Friday 05 February

My suggestion is not add fresh positions on 05 Feb. Normally, Friday is a day of volatility and all the more so as monetary policy is also going to be announced on Friday. Stock positions now are a lot lighter and you can take a fresh view on Monday. By then the financial sector volatility should also settle giving you chance for a fresh view.

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